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14 Dec 2012: Tocom Rubber Settles Higher; Focus on Japan Polls

Tocom rubber futures settle 1.8% higher as the yen weakens against the greenback and on an improvement in Chinese manufacturing data. Traders will now be focused on Japan’s general election Sunday, and its spillover impact on Tocom rubber, for further cues. Benchmark May rubber settles Y4.9 higher at Y276.4/kg, off the intraday high of Y277/kg–also the highest in more than six months.

Source: Dow Jones

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« 12 Dec 2012: Tocom Rubber Settles Higher; May Stay above Y270/Kg
17 Dec 2012: Tocom Rubber Settles Higher on Yen; Y300/Kg Eyed »

This entry was posted on Friday, December 14th, 2012 at 7:12 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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